L3Harris Technologies Inc. (LHX): Price and Financial Metrics

LHX POWR Grades

• LHX scores best on the Quality dimension, with a Quality rank ahead of 80.73% of US stocks.
• LHX's strongest trending metric is Growth; it's been moving down over the last 179 days.
• LHX's current lowest rank is in the Growth metric (where it is better than 49.85% of US stocks).

LHX Stock Summary

• With a market capitalization of $47,610,050,693, L3Harris Technologies Inc has a greater market value than 94.31% of US stocks.
• L3Harris Technologies Inc's stock had its IPO on January 1, 1986, making it an older stock than 92.84% of US equities in our set.
• The volatility of L3Harris Technologies Inc's share price is greater than that of only 15.24% US stocks with at least 200 days of trading history.
• Stocks with similar financial metrics, market capitalization, and price volatility to L3Harris Technologies Inc are FIS, NUE, PH, AME, and LYV.
• LHX's SEC filings can be seen here. And to visit L3Harris Technologies Inc's official web site, go to www.l3harris.com.

LHX Valuation Summary

• In comparison to the median Industrials stock, LHX's price/sales ratio is 52.94% higher, now standing at 2.6.
• LHX's EV/EBIT ratio has moved up 4 over the prior 243 months.
• LHX's price/sales ratio has moved up 1.6 over the prior 243 months.

Below are key valuation metrics over time for LHX.

LHX Growth Metrics

The 5 year net income to common stockholders growth rate now stands at 1113.56%.
• Its year over year net income to common stockholders growth rate is now at 4.82%.
• The year over year cash and equivalents growth rate now stands at 47.21%.

Over the past 15 months, LHX's revenue has gone down $552,000,000.

The table below shows LHX's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-12-31	17,814	2,687	1,846
2021-09-30	18,124	2,563	1,555
2021-06-30	18,358	2,836	1,500
2021-03-31	18,135	2,918	1,370
2020-12-31	18,194	2,790	1,119
2020-09-30	18,366	2,950	1,319

LHX's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• LHX has a Quality Grade of B, ranking ahead of 81.64% of graded US stocks.
• LHX's asset turnover comes in at 0.501 -- ranking 141st of 208 Electronic Equipment stocks.
• MICT, HEAR, and APH are the stocks whose asset turnover ratios are most correlated with LHX.

The table below shows LHX's key quality metrics over time.